Chennai, Aug. 12 -- The Greater Chennai Corporation (GCC) on Wednesday clarified that there has been no increase in property tax rates, dismissing "false reports" circulating on the matter.

In an official statement, GCC Commissioner GS Sameeran explained that the revised demand notices issued recently to certain property owners and commercial establishments were intended to correct cases of under-assessment or incorrect assessment, rather than implementing a general tax hike.

"Property tax has not been increased in Greater Chennai Corporation. Revised demand notices were issued to property owners/commercial establishments who have been paying property tax based on under assessment/wrong assessment," the Commissioner stated.

The Corpora...